Ramaco Resources (METC) Return on Invested Capital [ROIC] (2018 - 2026)
Ramaco Resources (METC) recorded Return on Invested Capital [ROIC] of -6.86% in Q2 2026, down 3.48 percentage points from -3.38% a year earlier and down 0.64 percentage points from the prior quarter.
Powered by 
Analysis
Ramaco Resources (METC) Return on Invested Capital [ROIC] (2018 - 2026) Analysis & Trends
For FY2025, Ramaco Resources reported Return on Invested Capital [ROIC] of -6.68%, down 9.42 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has declined for three straight years, with a five-year change of -0.64 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Invested Capital [ROIC] came in at 2.74% in FY2024 (-15.16 pp), 17.90% in FY2023 (-20.07 pp), 37.97% in FY2022 (+21.79 pp) and 16.18% in FY2021 (+22.22 pp).
- The Q2 2026 figure is the lowest quarterly Return on Invested Capital [ROIC] in data going back to Q2 2018.
- On a year-over-year basis, Return on Invested Capital [ROIC] has declined for 14 consecutive quarters, with an average year-over-year change of -9.84 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 33.29 percentage points in Q2 2022, against a drop of 21.90 percentage points in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at -6.22% (Q1 2026), -5.87% (Q4 2025) and -5.14% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Cameco | 37.09 Bn | 32.88 Bn | 190.14 Mn | 3.59% |
| 2 | NexGen Energy | 5.93 Bn | 3.46 Bn | - | - |
| 3 | Warrior Met Coal | 4.72 Bn | 3.42 Bn | 169.64 Mn | 9.16% |
| 4 | Uranium Energy | 4.61 Bn | 3.02 Bn | 10.03 Mn | - |
| 5 | Core Natural Resources | 4.43 Bn | 2.67 Bn | 252.03 Mn | 1.92% |
| 6 | Alliance Resource Partners | 3.16 Bn | 2.85 Bn | 202.70 Mn | 12.91% |
| 7 | Peabody Energy | 3.02 Bn | 875.02 Mn | - | -4.65% |
| 8 | Energy Fuels | 2.68 Bn | -258.69 Mn | 14.42 Mn | -6.69% |
| 9 | Centrus Energy | 2.68 Bn | -4.65 Bn | 49.90 Mn | 0.91% |
| 10 | Ramaco Resources | 513.10 Mn | -758.84 Mn | 16.62 Mn | -6.86% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -6.86% |
| Mar 31, 2026 | -6.22% |
| Dec 31, 2025 | -5.87% |
| Sep 30, 2025 | -5.14% |
| Jun 30, 2025 | -3.38% |
| Mar 31, 2025 | 0.06% |
| Dec 31, 2024 | 2.91% |
| Sep 30, 2024 | 9.07% |
| Jun 30, 2024 | 11.44% |
| Mar 31, 2024 | 11.54% |
| Dec 31, 2023 | 17.14% |
| Sep 30, 2023 | 14.49% |
| Jun 30, 2023 | 18.62% |
| Mar 31, 2023 | 26.19% |
| Dec 31, 2022 | 32.27% |
| Sep 30, 2022 | 36.39% |
| Jun 30, 2022 | 33.29% |
| Mar 31, 2022 | 27.99% |
| Dec 31, 2021 | 14.66% |
| Sep 30, 2021 | 4.08% |
API Access
Ramaco Resources Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=METC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "METC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=METC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();